From hope to hesitancy and now total capitulation, global investors in China are heading for the exits in the world's second-biggest economy and sending its stock market crashing. Stock markets in Hong Kong and Shanghai tumbled on Monday -- the Shanghai index marking its worst day since April 2022 -- as investors retreated from what was a 'must have' country in global portfolios just a year ago. The selling seemed to subside on Tuesday as Chinese Premier Li Qiang chaired a cabinet meeting and Bloomberg News reported authorities were considering a package of measures to stabilise the market.
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